Tomakin, NSW

$1,600,000

www.sitesforsale.com.au

Price:  $1,600,000
Status:   DA Approved
No. Townhouses:  18
Price per Unit Site:      $88,888

This 8,066 mē site has DA approval for 18 townhouses.  It may be possible to increase the number of units as the 2(t) zoning allows more intense tourist development.

Tomakin is 320 kilometres south of Sydney and 20 kilometres south of Batemans Bay.  It is a relaxed holiday village on the banks of the Tomago River.  

House prices in Tomakin grew by 1.7% in 2008.  The median house price is $399,000.  In neighbouring Mossy Point many houses are priced in excess of $700,000.  

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